Median price for residential apartments in Bells, TN as of Nov, 2022.
Take into account that the price depends on the location and condition of the apartment. The size and amenities might have a large influence on the asking price as well.
7 Bells, TN 38006, USA apartments for sale
Bells
According to statistics, the population in Bells, TN amounts to 2,687, which shows decline -2% compared to the previous year. The median age of the city’s residents is 35. The average household income is $42,025, shifting growth 5% from the past year, and the average property value in Bells, TN growth 3% to $95,200 throughout the year.
| Population | 2,687 |
| Median Age | 35 |
| Poverty Rate | 12% |
| Household Income | $42,025 |
| Number Of Employees | 1,119 |
| Median Property Value | $95,200 |
Household Income
The average household income in Bells, TN grew from $39,972 to $42,025 in the past year. This data is an estimate based upon 917 households in Bells, TN . The chart below presents how household income is distributed in Bells, TN in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Bells, TN shifted from $92,000 to $95,200 throughout the year. The subsequent graph indicates the share of properties in the given price range in Bells, TN in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Bells, TN properties falls in the '$70,000 to $79,999' range, which is lower than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Bells, TN compared to median property taxes around the country. The prevalent amount of property taxes in Bells, TN equals $800, which is less than the national average.
Housing Trends
How much does an apartment cost in Bells, TN 38006, USA
Average apartment sale in Bells: $207,421 (-30.1%)
| Apartment Size | Nov | vs Last Month |
|---|---|---|
| Studio apartments | $229,900 | N/A |
| 2-bed apartments | $140,000 | N/A |
| 3-bed apartments | $206,066 | -45.8% |
| 4+ bed apartments | $245,000 | -3.9% |
During Nov 2022, the average price for an apartment in/near Bells, TN decreased by 30.1% to $207,421.
Asking price for 2-bed apartment remains the same, a place of this size will still cost you $140,000. A 3-bed apartment goes for $206,066, it decreased by 45.8% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 3.9% and made it down to $245,000.
| Listing Type | Nov | vs Last Month |
|---|---|---|
| Houses for sale | $201,426 | -32.1% |
| Duplexes for sale | $229,900 | N/A |
Price reports demonstrate that house price decreased by 32.1% this month making it up to $201,426. An average value of duplex is $229,900, thus a median price for a duplex remains the same this month.